Bears have been fighting the rising wedge for a long time now. With many pushes trying to breakdown. Well they finally managed to do it. However, to gain control they need to take out the $2850 which was the bottom of the wedge and has some amount of build up done. Once there, I think the next level down could be as low as $2k for this thing. Again, not wishing that it happens but that's what the charts are telling. Long running trendline and a previous resistance level turning into support converge. $2k seems like an ideal target for bears to shoot for.